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Showing 1-6 of 6 results
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Japanese stimulus plan gives lift to Asian stocks
Business, Published on 01/08/2016
» Recap: Asian stock markets advanced last week, propelled by Japan's bigger-than-expected fiscal stimulus plan, while investors shrugged off a US Federal Reserve statement that opened room for a policy rate hike later this year. Thai shares also climbed higher in liquidity-driven trade.
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Asian shares rise but 4G cost concerns hit set
Business, Published on 28/12/2015
» Recap: A Wall Street rally propelled by consumer sentiment at a five-month high in December gave a boost to most Asian stock markets. However, concerns over expensive 4G licences in Thailand triggered a sharp sell-off in telecom stocks and battered the SET index. Lower oil prices also put pressure on the local bourse.
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Weak China outlook keeps shares on back foot
Business, Published on 07/09/2015
» Recap: Downbeat factory activity data in China cast a dark cloud over global stock markets as investors' concerns over the world's economic health mounted. However, economic stimulus measures to help low-income earners and SMEs shielded the Thai bourse.
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Chinese share plunge and fed keep traders on edge
Business, Published on 03/08/2015
» Recap: Another plunge in Chinese stocks and a growing belief that the US will start raising interest rates in September pushed down global bourses before a recovery late in the week. Asian currencies also sank against the greenback with the Thai baht slipping below 35 to a 14-year low. The SET fell close to 1,400 before a rally led by buying of blue chips that had become bargains.
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Bay causes local ripples as global markets drift
Business, Published on 02/02/2015
» Recap: Wild swings in Bank of Ayudhya (BAY), among the top five in trading turnover amid rumours of delisting, caused ripples in the Thai market last week. World markets drifted lower on persistent concerns about weaker economic growth.
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Set recovers from manic monday with help from FED
Business, Published on 22/12/2014
» Recap: Global stock markets were jolted by further slide in oil prices early last week, but the US Federal Reserve's assurances on Wednesday that it would be "patient" about raising interest rates revived sentiment. The Thai stock market was also rattled further by an unspecified rumour that sent the SET index plunging 9.2% at one point on Monday — the biggest intraday fall since October 2008 — before bargain-hunting narrowed the loss. The SET said it found no irregularities in the slide, putting it down to panic selling.
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